All-Time Finest Collection of Proof Indian Cents To Anchor Heritage’s FUN 2003 Auction

Dallas, TX: The current - and all-time - finest collection of Indian Cent Proofs on the PCGS Registry has been consigned to Heritage’s Signature Sale taking place at the Jan. 2003 Orlando convention of the Florida United Numismatists. Assembled by an anonymous aficionado, this amazing collection is listed under the name "Newmismatist" on the PCGS Registry.

"With such a collection," noted Auction Director Bob Korver, "one astonishing statistic after another can be developed. Perhaps most significant is that the average weighted grade of the set is an astounding 67.28; as an average, this is almost unbelievable, but the specifics are just as amazing. It contains thirteen coins that PCGS has designated as Cameo or Deep Cameo (1860, 1862, 1863, 1864 CN, 1864 BR, 1869, 1871, 1874, 1876, 1877, 1878, 1880, 1888), and the 1864 Bronze certified by PCGS as PR64 DCAM is the only bronze coin of any date graded Deep Cameo by PCGS. Four coins in the Set are the finest known and unique in that grade (population 1/0): 1871 PR66 Red Cameo, 1876 PR65 Red Cameo, 1878 PR66 Red Cameo, and the 1888 PR66 Red Cameo."

"The ‘Newmismatist’ Registry Set of Indian Head Proofs, "added Heritage Executive VP Greg Rohan, "has so many highlights that it becomes a real challenge to pick out a mere handful, but my favorites include the well-matched 1869 PR66 Red Cameo, 1871 PR66 Red Cameo, 1878 PR66 Red Cameo, and an 1888 PR66 Red Cameo. The ‘Newmismatist’ Set joins another anchor for our FUN auction, the incredible collection of Gem Flying Eagle and Indian Head Cents, in Mint State and Proof, that was assembled by North Carolina collector Joseph P. Gorrell. These two sets complement each other nicely, and together ensure that every serious collector and dealer will need to be bidding at FUN. We are absolutely excited waiting to see the astonishing price records that will be established as the hammer falls in Orlando."

The collecting philosophy of the discerning numismatist who assembled the "Newmismatist" collection has always been: "1) buy the nicest coin you can afford; 2) buy the coin, not the plastic; and 3) go after the key dates FIRST, because once you've got those dates, the rest just requires patience in waiting for the right coin." Following these three ‘simple’ rules has resulted in the #1 All-Time PCGS Registry Set of Indian Cent Proofs.

The consignor has been collecting coins for more than fifty years. "I was 4 years old when my father got me interested. When I discovered that I could sell a Cent that I found in change for 25¢ or 50¢, I was hooked. When I went to the local coin shop, they had to give me a chair to stand on to be able to look at the coins! Over many decades, I started filling the holes in my album, and soon discovered that Uncs. looked the best. I started buying what I felt were the nicest coins for the assigned grade, and when I would see a really spectacular Red coin, I would buy it for my collection. I backed into the Registry pursuit because I had so many nice Indian Head proofs. I prefer to emphasize the joy of coin collecting, not what I've owned. Coin collecting to me is about collecting ‘art,’ and considerably more affordable! The real joy of coin collecting is the opportunity to actually hold a bit of history in your hand."

The "Newmismatist" and Gorrell Collections will be sold as part of Heritage’s official auctions at the 2003 Florida United Numismatists Convention in Orlando, Jan. 8-11. Heritage will issue five separate FUN catalogs (presented by Heritage Numismatic Auctions, Heritage World Coin Auctions, and Currency Auctions of America-Heritage).

"Our FUN auctions," concluded Heritage Co-Chairman Steve Ivy, "are growing every year, along with the FUN Convention; FUN is now the best-attended coin gathering of the year, and Heritage is the world’s largest numismatic auctioneer. This is an amazing partnership that has benefited an entire generation of consignors and collectors. Thanks to the 65,000+ registered bidder/members on our website, HeritageCoin.com, we also have more bidders than ever before - and that number could well reach 70,000 by January, so bidding competition should be quite intense. Heritage’s exclusive Interactive Internet™ bidding system has channeled all of their demand into incredible prices realized results."

In addition to the "Newmismatist" Collection, Heritage’s FUN 2003 auction also includes: The Ashland City Collection of branch mint and other U.S. gold; The William Bland Collection; The Chicagoland Collection of Standing Liberty Quarters, assembled by Hans Poetsch; The George Coyman Collection; The Joseph P. Gorrell Collection, The Harold Hoogasian Collection; The Philip Kaufman Collection of Proof Seated Liberty Coinage, Part 3; The Ohio Collection, Part 8; The St. Louis Collection; and The Robert Tarr, Sr. Collection."

The consignment deadline for the FUN Signature Sale is November 27. For more information, please contact Consignment Director Leo Frese at 1-800-872-6467 ext 294.

Full-color images of the "Newmismatist" highlights can now be viewed at www.HeritageCoin.com, Auctions: Upcoming Auction Highlights. The entire Set will be posted within the next two weeks.

Images of "Newmismatist" highlights:

1860 Indian Cent, PR66 CAM PCGS
1862 Indian Cent, PR65 CAM PCGS
1863 Indian Cent, PR66 CAM PCGS
1864 CN Indian Cent, PR65 DCAM PCGS
1864 Bronze Indian Cent, PR64 Red DCAM PCGS
1869 Indian Cent, PR66 Red CAM PCGS
1871 Indian Cent, PR66 Red CAM PCGS
1874 Indian Cent, PR65 Red CAM PCGS
1876 Indian Cent, PR65 Red CAM PCGS
1877 Indian Cent, PR64 Red CAM PCGS
1878 Indian Cent, PR66 Red CAM PCGS
1880 Indian Cent, PR65 Red CAM PCGS
1888 Indian Cent, PR66 Red CAM PCGS

The Heritage name is recognized worldwide for bringing unparalleled value to every consignor and bidder. Year 2001 sales exceeded $150 million and assets were approximately $30 million. HeritageCoin.com is the Internet's most popular and highly trafficked rare coin site, with over 65,000 registered members. HeritageCoin.com is the only coin site chosen twice by Forbes.com’s Best of the Web (1999 and 2001) as one of the 250 best websites on the Internet, and also won the most recent Numismatic Literary Guild award for Best Numismatic Internet Site. For more information on how to consign your coins to the FUN Signature Sale contact one of our consignment coordinators at 1-800-US COINS (800-872-6467). We also invite you to visit us on the web at http://www.HeritageCoin.com